Thursday, 28 August 2014
Last updated 6 hours ago
May 13 2008 | 10:38am ET
The Blackstone Group is adding to its Asian hedge fund lineup, led by new hires from SAC Capital Advisors and Banc of America Securities.
Blackstone Altius Advisors, based in Hong Kong, will run a new event-driven strategy. It is led by Aaron Nieman, most recently managing director at SAC’s Canvas Capital Management. He will be backed by Christopher Pesce, who left his post as global head of prime brokerage at BofA last year, as chief operating officer.
“Aaron has a superb history of developing teams and investing in Asia,” Blackstone co-founder Stephen Schwartman said. “He will add greater depth and intellectual capital to Blackstone’s wide range of alternative investment businesses, and we are delighted that he has chosen to join us.”
“As Blackstone continues to aggressively seek opportunities within Asia, Aaron and his team will provide additional investment capability that will bolster our presence in the region,” Antony Leung, chairman of Blackstone Greater China, added.
In addition to its Hong Kong team, Altius will boast professionals in New York, Tokyo and Mumbai, India.
The new strategy will operate alongside Blackstone’s existing alternative investments in Asia, including a private equity fund, fund of hedge funds business and real estate fund.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...